Business
Millat Tractors profit drops 17% in 1QFY26
Millat Tractors Limited (MTL) reported a 17% year-on-year decline in profit for the first quarter of FY2025–26, posting earnings of Rs514 million or Rs2.57 per share,…
Business
Business
PSX 100 Index Sheds 1,140 Points
The KSE-100 Index settled at 162,163 points, posting a decline of 1,140 points after a highly volatile trading session. Investor sentiment remained mixed as the index…
Business
SBP Maintains Policy Rate
Pakistan’s central bank kept its policy rate unchanged at 11% on Monday, in line with market expectations, citing a stronger growth outlook and easing concerns over…
Business
SBP Two Hour Delay Protects Branchless Banking Users
SBP clarified that the recently introduced two-hour cooling period for digital fund transfers aims to strengthen customer due diligence and prevent fraudulent transactions. SBP officials addressed…
Business
Pakistan, Türkiye eye shipbuilding ventures, ferry link
Islamabad and Ankara explore maritime cooperation including a potential ferry route and shipbuilding joint projects. Pakistan and Türkiye on Thursday discussed a wide-ranging maritime partnership plan…
Business
KSE-100 falls as banks drag index amid profit-taking
Selling by mutual funds and weak quarterly results push market lower. Pakistan’s benchmark KSE-100 Index extended its losing streak on Thursday, declining by [verify]% to close…
Business
Pakistan Eyes $1 Trillion Economy via Blue Growth
Pakistan aims to transform its maritime sector into a driver of regional trade and economic growth, positioning the country as a hub of connectivity across Asia,…
Business
Bank Alfalah Profit Falls 52% in 3Q2025
Earnings slump amid higher operating expenses and weaker non-interest income Bank Alfalah Ltd (BAFL) reported a sharp decline in profitability for the third quarter of 2025,…
Business
PSX 100 Index continues bleeding
The KSE-100 Index ended the session at 164,590 points, recording a decline of 1,962 points. The trading day remained notably volatile, reflecting mixed investor sentiment, as…
Business
CCP Approves Acquisition of M/s FLSmidth Cement
ISLAMABAD, Oct 22: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s FLSmidth Cement by M/s Corsica Buyer ApS under a global Share…
